Quote:
Originally Posted by OldTimer
No canceling for me. It would most likely push all of our orders back considerably as more constraints come into play as some of their suppliers balk. My only concern would be, where does GM go to get replacement vendors and are those parts as good as the original supplier?
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I think this would all depend on the pre-arrangement. All creditors will have to be in agreement of how the company will proceed. Since most suppliers are also creditors, they will be in full agreement with how things will continue. In other words, suppliers will not stop supplying because they will have a government and court backed agreeement on how and when they will be paid.